Obama’s “Start-Up America” Initiative: Stalling Entrepreneurs

James M. Roberts /

“Entrepreneurs embody the promise of America: the idea that if you have a good idea and are willing to work hard and see it through, you can succeed in this country. And in fulfilling this promise, entrepreneurs also play a critical role in expanding our economy and creating jobs.” – President Barack Obama, January 31, 2011

The recent White House announcement of a new government program to promote entrepreneurship must signify that the Obama Administration finally “gets it” about job creation and economic recovery, right? Certainly free-market conservatives can agree with the President’s inspiring words. But … (more…)